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One of the more interesting things to be determined this summer will be the fate of Jerryd Bayless.

Toronto is not exactly brimming with talent at the point guard spot, the top of the draft lacks high end floor generals and incumbent free agent Jose Calderon has only a year remaining on his contract.

Meanwhile, Bayless is a restricted free agent, meaning the club either can give him a $4.16 million U.S. qualifying offer, which would make him unrestricted next summer, work out a long-term extension, or wait to see if another team offers Bayless a deal, at which point the Raptors would be able to match or let him go for nothing.

Figuring out what he has in Bayless is one of general manager Bryan Colangelo’s toughest assignments.

Is Bayless the guy who averaged 17.8 points on 45% shooting (45% from three), 5.3 assists and played well defensively in 11 starts this season? Or the reserve who averaged 7.8 points and 3.0 assists, shooting 39.2% in 20 appearances off of the bench?

Plus he’s been plagued by injuries as a Raptor.

Bayless, ever confident, admits he’s “still searching” to find his ideal role, but seems to believe being a starting point guard is where he’d perform best.

“I think so, ya,” Bayless said when asked whether he’s proven he can be an NBA starter with his play this year and a handful of productive starts in 2010-11.

Many believe Bayless would be best suited to coming off of the bench in a high scoring, combo-guard role, similar to Leandro Barbosa, Jason Terry and Lou Williams, even though he is more of a point than any of those players.

Bayless doesn’t seem to agree, but maintains he’ll do whatever it takes in order to stick around in Toronto long-term. He said he’ll spend much of his summer in town and though he’s “not 100% comfortable” playing off of the ball, “whatever they want me to do, I’m going to do.

“I’m still searching, whatever they want me to do here I’m willing to do, but I think I’m still searching.”

The Phoenix native said his agent has talked with Colangelo and “I kind of have an idea” (of what the future holds).

While everything Bayless said on Thursday seemed to indicate he’d be back, that’s no slam dunk. It’s hard to see Dwane Casey opting to start Bayless over Calderon, who he loves, and Bayless has not played well as a reserve historically.

Plus there is a solid crop of free agent point guards set to hit the market led by Deron Williams, Steve Nash, Andre Miller and Goran Dragic so Colangelo might need as much money to spend as possible and Bayless will carry a hefty $7.6 million cap hit until he is signed.